10/21/2013

The financial industry is working to put into practice lessons drawn from a simulated cyberattack conducted this summer that revealed cracks in the sector's ability to protect global markets from the fallout of a massive network intrusion. The simulation, dubbed Quantum Dawn 2, involved 50 participants -- including the U.S. Treasury Department, the Securities and Exchange Commission and some of the world's largest banks -- and found that companies need to do a better job of sharing information with rivals in the sector.

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Reuters

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